Base Royalties Clause Samples
Base Royalties. Subject to Subsections 4.7.2, 4.7.3, 4.7.4, 4.7.5, and 4.8 below, Licensee shall pay to COH or its designee royalties in an amount equal to percent of Net Sales of Licensed Products and Licensed Services.
Base Royalties. With respect to the specific Sales Territories in which Software Titles Release to Manufacture at least fourteen (14) days after the Execution Date, Licensee shall pay Microsoft nonrefundable Base Royalties, on a Software Title-by-Software Title basis, for each Standard FPU manufactured during the Term of this Agreement, in accordance with the Base Royalty tables set forth in this Section [7].1.4 and the "Unit Discount" table set forth in Section [7].
Base Royalties. Animas agrees to pay Debiotech a royalty equal to a percentage of Net Revenue of Debiotech Micro-Needle Products sold or placed to end-users by Animas Group. The royalty rate shall be in accordance with Exhibit B.
Base Royalties. In consideration of the rights and licenses granted to Pegas hereunder, and of the obligations of ▇▇. ▇▇▇▇▇▇▇ and ETI hereunder, Pegas agrees to pay ETI as a "Royalty" or "Royalties" the following amounts:
Base Royalties. Subject to Section 4.4.2, Section 4.4.3 and Licensee’s right to a credit in accordance with Section 4.1, on a Licensed Product-by-Licensed Product and country-by-country (solely with respect to the royalty term in accordance with Section 4.4.2) basis, Licensee shall pay to COH or its designee royalties on Net Sales of each Licensed Product in a given country in the Territory until the Royalty Expiration Date for such Licensed Product in such country in an amount equal to (i) [***]; (ii) [***]; and (iii) [***].
Base Royalties. Premisys will pay no separate royalty for the Software. Premisys will pay Positron the following royalty for each ASIC, FPGA or Backplane described in EXHIBIT A and any modified versions or any derivative works of the ASICs, FPGAs, Backplane that is incorporated into any Premisys Product, shipped to a customer and invoiced, for which payment is received by Premisys: ASICs, FPGAs and Backplanes Base Royalty ---------- ------------ A.
1.1 [ A.
1.2 A.
1.3 A.
1.4 A.1.5 A.1.6 A.1.7 **] C.2.2 REDUCTIONS. C.2.2.1
Base Royalties. Subject to Subsections 4.5.2, and 4.6 below, Licensee shall pay to TRIMT or its designee royalties in an amount equal to [***] of the Net Sales of Licensed Products. These royalties shall be paid for the Term; provided that the royalty rate shall be reduced by 75% if a certain Licensed Product is not Covered by a Valid Claim of the Patent Right or an exclusivity or price or reimbursement protection (Section 1.2) in the respective country of the Territory.
Base Royalties. In addition to the amounts payable to Akebia under Section 5.1.2 (Incremental Royalties), during each Calendar Quarter, Licensee will pay to Akebia an amount equal to [**]% of Net Sales of the Licensed Product in the Territory (the “Base Royalties”) during the Royalty Term. Upon the expiration of the [**], the Base Royalties will be reduced to [**]% of Net Sales of the Licensed Product in the Territory if [**].
Base Royalties. Animas agrees to pay Debiotech a royalty equal to a percentage of Net Revenue of Pump Products sold or placed by Animas Group. The royalty rate shall vary (based on Patient Installed Base) and shall be fixed each Year as set forth on Exhibit H, except for certain adjustments as provided in Sections 4.3 and 4.4, in this Agreement, when applicable.
Base Royalties. With respect to the specific Sales Territories in which Software Titles Release to Manufacture at least [*] after the Execution Date, Licensee shall pay Microsoft nonrefundable Base Royalties, on Software Title-By-Software Title basis, for each Standard FPU manufactured during the Term of this Agreement, in accordance with the Base Royalty tables set forth in this Section 7.1.4 and the "Unit Discount" table set forth in Section 7.1.5. If Licensee has chosen the Worldwide billing option, (i) the applicable Base Royalty for Standard FPUs for Software Titles intended for sale in the European and North American Sales territories shall be determined by the Wholesale Price of the Software Title, and for Software Titles intended for sale in the Japan Sales Territory, the Base Royalty shall be determined by the Suggested Retail Price; and (ii) the Base Royalty shall always be payable in United States Dollars. If License has chosen the Regional billing option, the applicable Base Royalty for Standard FPUs for Software Titles intended for sale in the European, Japan and North American Sales Territories shall be determined by: (x) the Wholesale Price of the Software Title (for Japan, the Suggested Retail Price); (y) the Territory in which the Standard FPUs are manufactured (the "Manufacturing Region"); and (z) the Territory in which Licensee intends to sell the Standard FPUs (the "Sales Territory"). In addition, if Licensee has chosen the Regional billing option, the applicable currency for payment of the Base Royalty shall be solely determined by the Manufacturing Region of the applicable FPUs, The applicable Base Royalty for Standard FPUs for Software Titles intended for sale in the Asian Sales Territory Excluding Japan shall be, until further notice from Microsoft, determined solely by the Manufacturing Region. Base Royalties per Sales Territory for both the Worldwide and Regional billing options are set forth in the following tables: Tier 1 [*] and over [*] [*] [*] [*] Tier 2 [*]-[*] [*] [*] [*] [*] Tier 3 [*] and below [*] [*] [*] [*] Tier 1 [*] and over [*] [*] [*] [*] Tier 2 [*]-[*] [*] [*] [*] [*] Tier 3 [*] and below [*] [*] [*] [*] Tier 1 [*] and over [*] [*] [*] [*] Tier 2 [*]-[*] [*] [*] [*] [*] Tier 3 [*] and below [*] [*] [*] [*]
